Lumen Technologies, Inc. (LUMN)
NYSE: LUMN · IEX Real-Time Price · USD
1.380
+0.020 (1.47%)
At close: Jul 19, 2024, 4:00 PM
1.390
+0.010 (0.72%)
Pre-market: Jul 22, 2024, 5:38 AM EDT
Lumen Technologies Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Lumen Technologies stock have an average target of 1.51, with a low estimate of 1.00 and a high estimate of 1.80. The average target predicts an increase of 9.42% from the current stock price of 1.38.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for LUMN stock from 5 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 5 | 5 | 5 | 5 | 3 |
Sell | 2 | 2 | 2 | 2 | 2 | 1 |
Strong Sell | 1 | 0 | 0 | 0 | 0 | 1 |
Total | 8 | 7 | 7 | 7 | 7 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Goldman Sachs | Goldman Sachs | Strong Sell Initiates $1 | Strong Sell | Initiates | $1 | -27.54% | Jul 1, 2024 |
RBC Capital | RBC Capital | Hold Maintains $1.25 → $1.75 | Hold | Maintains | $1.25 → $1.75 | +26.81% | Mar 11, 2024 |
Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $1.5 | Hold | Maintains | $3 → $1.5 | +8.70% | Nov 10, 2023 |
Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $1.5 | Hold | Maintains | $3 → $1.5 | +8.70% | Nov 9, 2023 |
UBS | UBS | Hold Maintains $2.5 → $1.5 | Hold | Maintains | $2.5 → $1.5 | +8.70% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
13.24B
from 14.56B
Decreased by -9.07%
Revenue Next Year
12.75B
from 13.24B
Decreased by -3.66%
EPS This Year
-0.14
from -10.48
EPS Next Year
-0.21
from -0.14
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.9B | 13.5B | 13.3B | 13.5B | 13.5B |
Avg | 13.2B | 12.8B | 12.6B | 12.9B | 12.9B |
Low | 12.5B | 12.0B | 11.6B | 12.2B | 12.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -4.7% | 2.2% | 4.1% | 7.2% | 4.9% |
Avg | -9.1% | -3.7% | -1.2% | 2.3% | 0.1% |
Low | -13.8% | -9.5% | -8.7% | -3.0% | -6.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 0.19 | 0.30 | 0.14 | 0.16 | 0.20 |
Avg | -0.14 | -0.21 | -0.18 | 0.15 | 0.19 |
Low | -0.42 | -0.67 | -0.37 | 0.15 | 0.19 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | - | - | 30.4% |
Avg | - | - | - | - | 26.7% |
Low | - | - | - | - | 21.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.